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Red 5 wows with maiden resource

RED 5 has announced a maiden 1.88 million ounce resource for the newly discovered Eastern Margin Contact at its King of the Hills gold mine in Western Australia.

Kristie Batten
Red 5 drilling in WA's Eastern Goldfields

Red 5 drilling in WA's Eastern Goldfields

The indicated and inferred resource is 28.7 million tonnes at 2 grams per tonne gold for 1.88Moz, using a 1gpt cut-off. The resource covers 2200m of the estimated 4000m strike length to a depth below...

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